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Italy probes "orphan drug" excessive pricing

Italy probes "orphan drug" excessive pricing

16 October 2019

Italy’s Competition Authority has launched a preliminary investigation into a pharmaceutical group for abusing its dominant position by charging excessive prices.

Italy fines equestrian regulator for breaking commitments

Italy fines equestrian regulator for breaking commitments

16 October 2019

Italy’s antitrust enforcer has issued a €450,000 fine to the country’s equestrian sports regulator for failing to comply with commitments imposed in 2011 and for abusing its dominance in the amateur equestrian events market.

EU hits Broadcom with rare interim measures

EU hits Broadcom with rare interim measures

16 October 2019

The European Commission has used interim measures for the first time in almost two decades, ordering Broadcom to stop imposing exclusivity and quasi-exclusivity requirements on purchasers of its chipsets.

Some experts criticise Sanders’s plan to “reinvigorate” FTC

Some experts criticise Sanders’s plan to “reinvigorate” FTC

GCR USA - 16 October 2019

Antitrust reform proposals by one of the top candidates for the Democratic presidential nomination drew scepticism from former enforcers and other experts.

To the left, to the left: The Tipline for 16 October 2019

GCR USA - 16 October 2019

Senator Bernie Sanders is seen as having pushed the field of Democratic presidential hopefuls further to the ideological left on a range of policy issues, including healthcare and tax. Earlier this week, the senator demonstrated he would not allow competitors such as Senator Elizabeth Warren out-flank him to the left on the topic of antitrust reform. However, the antitrust experts we spoke with are sceptical of implementing the drastic proposals in Sanders’s new antitrust platform.

COFECE accuses banks of bond cartel

COFECE accuses banks of bond cartel

15 October 2019

Mexico’s antitrust enforcer has initiated administrative proceedings against several banks – reportedly Citigroup, Banco Santander, Bank of America, Barclays, Deutsche Bank, JPMorgan Chase and Banco Bilbao Vizcaya Argentaria – for allegedly conspiring to fix bond prices.

European enforcers go after Agrokor and its successor for gun-jumping

European enforcers go after Agrokor and its successor for gun-jumping

15 October 2019

Slovenia's competition authority has imposed a €53 million fine on Agrokor for failing to notify its 2016 acquisition of Ardeya Global, while Serbia’s competition enforcer is investigating Agrokor’s successor for gun-jumping.

UK retailer accuses Nike and Adidas of abuse

UK retailer accuses Nike and Adidas of abuse

15 October 2019

Sports Direct has lashed out at Nike and Adidas, alleging they exploit their superior bargaining power to segment the sportswear market and refuse to deal with downstream rivals.

US enforcement against serial acquirers may be creative

US enforcement against serial acquirers may be creative

15 October 2019

The US antitrust agencies will likely have to go beyond section 7 of the Clayton Act to address serial acquisitions, the Federal Trade Commission’s policy planning director said on Friday.

Sayyed: Test limits of duty to deal before regulating it away

Sayyed: Test limits of duty to deal before regulating it away

GCR USA - 15 October 2019

Specialised regulation of technology companies may limit antitrust enforcement against them, the director of the Federal Trade Commission’s policy planning office has said.